Property Overview: 2 Rampart Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 2 Rampart Bay in the Maybank neighbourhood is defined by its strong local standing and efficient footprint. Built in 1954, it is one of the older homes on its street, which can imply well-established character and mature landscaping. With 1,032 sqft of living space, it offers an above-average size for Rampart Bay, suggesting a comfortable layout within a manageable scale. The nearly 4,000 sqft lot is also notably larger than others on the same street, providing valuable outdoor space in a city context.
The primary appeal lies in its position as a solid, established property within its immediate community. Its assessed value is modest compared to broader city averages, indicating a potentially accessible entry point into homeownership. This property would suit a first-time buyer or a downsizer seeking a practical, no-frills home in a settled area. It’s for someone who values a larger-than-average lot and living area for the specific street, over a newer build or a premium city-wide location. The data suggests you are buying a relative standout on its own block, rather than in the wider market.
Section 2: Frequently Asked Questions
1. How does this home’s age affect its value?
While 72 years old, it is actually the oldest home ranked on Rampart Bay, which may appeal to those who appreciate classic construction. Buyers should budget for thorough inspections common with homes of this era, but its longevity also speaks to the durability of the neighbourhood.
2. The assessed value seems low. What does that mean?
The assessed value is for municipal tax purposes and is not the market value. Its low assessment relative to the city average is typical for older, modest homes in established neighbourhoods and often results in lower property taxes, which is a financial positive for the owner.
3. Is the lot size a major advantage?
Yes, particularly on this street. The lot is over 30% larger than the average for Rampart Bay. This provides more private outdoor space, potential for gardening, or room for additions like a shed or deck, which is a significant perk in an older neighbourhood.
4. Who are the most likely neighbours?
Given the consistent year-built data and similar living areas on the street (like 97 and 88 Rampart Bay), the immediate area likely consists of other long-standing residents in homes of similar vintage, suggesting a stable, community-oriented environment.
5. How can I find out what it actually sold for in the past?
The site provides sold price ranges from public data. For the exact historical sale price, you must request it via email. This is a manual process they use to ensure accuracy and to connect directly with serious inquiries.